Leftists are desperately hoping the Federal Reserve cuts interest rates, believing higher rates are hampering the ‘country’s ability to combat the climate crisis.’ Leftists are desperate to have the Federal Reserve cut interest rates, believing […]
By Wolf Richter for WOLF STREET. Payrolls at employers rose by 114,000 in July, below the growth in June and May. Back in April, job growth was even lower (108,000), and we went through the same handwringing. This […]
It is hard to identify any aspect of the Biden-Harris suite of EV-related policies that can honestly be called a success. Once the ongoing effort by the legacy media to reinvent presumptive Democratic nominee Kamala […]
The treasury secretary said the global transition to a low-carbon economy would cost $78 trillion, calling it a top priority of Biden-Harris. U.S. Treasury Secretary Janet Yellen said during a speech in Belem, Brazil, on […]
Since climate change is not causing more extreme weather, it cannot be causing increased business losses – which real-world data shows it is not. A recent article in Bloomberg titled The Market’s Next Black Swan […]
The latest employment data from the Bureau of Labor Statistics for June 2024 offers a compelling snapshot of the divergent economic fortunes of red and blue states. The national unemployment rate remained steady at 4.1 percent, a […]
Treasury Secretary Janet Yellen said Saturday the world’s transition to a low-carbon economy requires $3 trillion in new investment annually through 2050, and that filling the financing gap to reach that level of funding represents the […]
Pierre Aury warns there is a financial crisis looming that would make 2008 look like ‘a seaside picnic on a beautiful spring day’ In our last column we said that shipping is not an adiabatic […]
We don’t even want to know what debt-to-GDP looks like in the next recession when it’ll get hit by a double-whammy. By Wolf Richter for WOLF STREET. The US national debt – the total amount of Treasury securities […]
Gov. Inslee’s program imposes increasingly draconian caps on carbon emissions, and then spends the money on inefficient green projects. Progressive leftists have enjoyed some media success in branding anyone who doubts that humans are causing […]
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